live pictures at the rose garden at the white house. president obama is announcing the nomination of penny pritzger. let's listen in. >> we know he's going to be extraordinary leading that institution. but today i'm in a position to nominate two extraordinary individuals to continue the work of ron and becky as key members of my economic team. as i said in my state of the union address, when it comes to growing our economy and our middle class, we should focus on three things. number one, making sure america's a magnet for good jobs. number two, helping workers earn the skills they need to get those jobs, and number three, making sure their hard work actually leads to a decent living. both these individuals share that focus. first, i'm not naming penny pritzger to serve as my secretary of commerce. now, penny is one of our country's most distinguished business leaders. she's got more than 25 years of management experience in industries including real estate, finance, and hospitality. >> when he says hospitality, she's from the hyatt hot